Are Media acquires e-commerce player as it seeks to diversify revenue
Magazine publisher Are Media is focusing on diversifying its revenue base and reducing its reliance on subscription, circulation and advertising, as it seeks to remain relevant in a fast-changing media landscape.
Chief executive Jane Huxley has a strategic plan based on protecting Are Media’s core business and heritage magazine brands such as The Australian Women’s Weekly, while diversifying its revenue base and pursuing strategies around verticalisation to transform the business in the coming three to five years.
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